56 E Hawes AveFresnoCA93706
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fresno at 56 E Hawes Ave, Fresno, CA, 93706 at $408,880 posts ROI 20.71% with $91/mo cash flow from $2,620/mo rent. Total monthly income equals $2,620/mo, and annual cash flow records $1,090/yr on $135,544 to close. Return on cash invested measures 20.71% and rental yield reads 7.69% at the current $408,880. Equity gained on principal adds $2,638/yr, and 5% annual appreciation supports $112,966 by year five. Five-year ROI prints 107.16% and total cumulative return in cash totals $145,244.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,620/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93706, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,899 (100%) |
| Owner Occupied HU | 4,679 (39.3%) |
| Renter Occupied HU | 6,527 (54.9%) |
| Vacant Housing Units | 693 ( 5.8%) |
| Median Home Value | $305,216 |
| Average Home Value | $400,729 |
Housing Distribution
Address Breakdown
Residential
11,070
Single Family
10,550
Multi-Family
520
Businesses
1,006
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Listed by: Joanne Oh • Century 21 Jordan-Link & Compa
Mls Name: Fresno MLS
Mls ID: #627199